16:50 31 May 25
Info Report Check
Submission incomplete:
The DOE is requested to provide information on how it has validated the suitability of the benchmark as per VVM v 1.2 paragraph 114 (b).
The DOE needs to further substantiate the suitability of the benchmark of 12% being the commercial lending rate given that the Validation Report page 41 mentions the loan interests in the signed loan contract with Agriculture and Rural Development Bank and with Viet Nam Development Bank are only 5.8% and 9.6%, and they were available at the time of the investment decision.
The DOE is requested to provide information on how it has validated the suitability of the benchmark as per VVM v 1.2 paragraph 114 (b).
The DOE needs to further substantiate the suitability of the benchmark of 12% being the commercial lending rate given that the Validation Report page 41 mentions the loan interests in the signed loan contract with Agriculture and Rural Development Bank and with Viet Nam Development Bank are only 5.8% and 9.6%, and they were available at the time of the investment decision.
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